FMF Salary vs Market CapFantasy Mike F´s salary is 10% of the current market Cap of XTT and 30% of the working capital XTT has available. Do that math.
Now he plans to further dilute the valutaion with a reverse split. This is a Hail Mary attempt by Fantasy Mike F. Consolidate and artificially raise the share price to 10 cents. BUT it makes it much easier for this POS to drop back down again to 1.5 cents again.
Fantasy MIke F is basically telling investors, hey I have no way to get the stock price back up because I am dumb as F+ck, too arrogant to give up my seat as CEO and get someone in to save XTT. I rather burn this company into the ground then support shareholders.
Well it is obvious through his lack of communication. He just wants to collect a pay check and swing in Cancun.
CAN FANTASY MIKE F SAY- BANKRUPT!